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Search Results 0 to 18 of about 19 (some duplicates have been removed)
in the state of new york. the storm that hit the u.s. northeast put some polling stations out of commission. the governor is relaxing the rules so voters won't be shut out. andrew cuomo issued an executive order allowing residents in areas affected by the storm to vote at any station. officials in neighboring new jersey are also making it easier for people to cast ballots. more than 60 polling stations in new york city are still unusable because of flooding or lack of electricity. workers have set up alternative sites. the voting process in manhattan and the city's other borrows has become more high-tech. they can mark paper ballots and insurt those into a scanner. it's the first time the system will be used in a u.s. presidential election. the results will start streaming in tuesday evening in united states. obama and romney will watch the returns come in from the respective home bases, chicago and boston. >>> obama arrived in his hometown early in the morning with the first lady. the latest polls suggest the president and his republican challenger mitt romney remain locked in a dead heat.
for his second term. >> the belief that while each of us will pursue our own individual dreams, we are an american family and we rise our fall together as one nation and as one people. and in the coming weeks and months, i am looking forward to reaching out and working with leaders of both parties to meet the challenges we can only solve together, reducing our deficit, reforming our tax code, fixing our immigration system, freeing ourselves from foreign oil. we've got more work to do. >>> romney made his concession speech in boston, massachusetts. >> i so wish, i so wish that i had been able to fulfill your hopes to lead the country in a different direction. but the nation chose another leader. so ann and i join with you to earnestly pray for him and for this great nation. >>> americans and people around the world are waiting to see how president obama will address the challenges he mentioned in his victory speech. nhk world's political commentator nakajima joins us. tell us how obama won a second term? >> for a start, he is the incumbent president that puts him in a position of po
. ramin mellegard joins us from the business desk. we saw many americans celebrating the re-election of president obama but it seems the mood was different on wall street. >> it really was. we're seeing the reactions following the elections. investors really concerned about tax and spending issues and that's going to be a major focus going forwd. government spending cults and tax hikes are set to go into effect at the end of the year. the so-called fiscal cliff. investors worry obama will be unable to resolve the crisis with the house of representatives still controlled by the republicans. the key index on the new york stock exchange fell sharply when markets reopened after the election. the dow jones industrial average at one point lost over 360 points. the index finished the day at 12,932, down 2.3% from the previous day's close. new york stocks dliped from the start as investor concerns shifted to how obama will address the country's economic challenges. they're particularly worried the fiscal cliff could weigh down u.s. growth into the new year. >> it's a pretty sad day
>>> dememracy in america. voters in the u.s. decide who they think should lead the country. one man has spent the past four years reshaping how americans see their country and how america is seen around the world. u.s. president barack obama took the wheel of an economy that resisted efforts to write it. now voters are deciding whether to stick with him or whether his republican opponent mitt romney deserves the job. eyewitness news line will focus all day on the race for president. >>> millions of americans are still voting. millions are already making their choices and already we're getting some hints about who they chose. our partners at abc news project barack obama will capture 3 electoral votes and mitt romney 33. >>> let's take a look at the projections state by state. the states in blue are for obama. the runs in red for romney. romney in south carolina, indiana, and kentucky. the projections give obama 3 electoral votes and they hope the number adds up to 270 or more needed to win the election. obama and the first lady arrived at home in chicago. the president wrapped hip h
covering the congress. he told us more about the main players in china's transition of power. >> reporter: we've got an idea who will head up china's next generation of leaders. we've heard their names before, xi jinping and li keqiang. and we'll be hearing them for years to come. they'll be chosen for top communist party posts next week and unveiled to the world. analysts say xi will become general secretary, taking over for president hu jintao. chinese vice president xi jinping is 59 years old. communist party leaders named xi vice chairman of the central commission in 2010. xi's taken an active role in diploma city as well as domestic affairs. >> xi jinping's pather was a vice premier, so xi became part of china's informal princeling network. princelings gain power by taking advantage of their parents and status and ties to influential fingers. but xi didn't have it easy. authorities ousted his father and jailed him during the cultural revolution. xi was forced to work in the countryside as a teenager. he went to a prestigious university in beijing from 1975 to 1979. and then he spent
tengan is covering the congress. he joins us from beijing. james? >> reporter: gene, this process is carefully choreographed and controlled. chinese authorities are generally restrictive. but the bamboo curtain really comes down during the congress. that makes the job of jury roomism that much harder. still china's political transition is one of the biggest stories going right now. so despite the controls, no media organization wants to miss out. they got up early to get in line outside the great hall of the people. journalists from china and abroad, hundreds of them, all jockeying to get a better position for the opening of the communist party's congress. journalists from around the world have converged on beijing underlying the international community's keen interest on what direction china will take with the changeover in power. chinese government officials say more than 2,700 domestic and international journalists are covering the meeting. media are trying to find out something, anything about this secretive political process. it's not easy. >> it was really difficult to get t
us from the business desk. >> we've been reporting for quite a while now on government leaders really trying to attempt to wrestle with their budgets along with international lenders and it looks like this latest effort is going to drag on until later this month. eurozone finance ministers have shelved a decision on another bailout for greece until november. they want an austerity deal with international lenders first. finance ministers from 17 countries held a telephone witness to discuss the bailout. they said greece has yet to reach agreement on specification austerity measures with its creditors. the creditors include the european union and international mown tear fund. the austerity measures are a precondition for fresh emergency loans to avoid a potential default. the finance ministers urged the greek government to reach a consensus on labor reforms. the ministers will again discuss the greek bailouts when they meet on november 12th. greece is taking that pressure from the eu seriously. the government there has submitted a revitdsed draft budget to parliament outlining yet more
. >>> the leaders of asia's top economies want to work out a free trade agreement. ramin mellegard joins us from the business desk. there are so many trade negotiations going on worldwide. what are the details in this case? >> catherine, representatives of japan, china, and south korea are trying to get together this month to talk about starting negotiations for a free trade pact. the countries have agreed there are benefits to strengthening economic ties as the move towards free trade accelerates worldwide. leaders of the three countries had agreed in may that they would begin the trade negotiations by the end of this year. preparations had been made in working-level meetings but prospects for the talks were unclear in the shadow of the japan/china territory i am dispute over islands in the east china sea. the official launch of fta talks is now expected to get the green light. on the sidelines of the east asia summit in cambodia on november 20th. >>> u.s. president barack obama declared his intention to raise taxes on wealthy americans. he says he wants to discuss this openly with republicans
the seat allocation breaks down among the parties in the election. >>> u.s. government officials always closely monitor elections in japan. one spoke to nhk, saying they believe there's a possibility that the liberal democratic party could regain power. >>> meanwhile, japan's biggest neighbor has a demand for the next government. >> translator: what's urgently needed is that japan should take appropriate action to resolve existing problems and rebuild relations with china. >> analysts say chinese officials are waiting to see how the result of the election will affect ties between the countries. relations have been strained since the end of the summer when a long-standing dispute over islands in the east china sea flared up again. >>> the fate of some major economic and energy policies planned under the noda administration is now up in the air following the dissolution of the lower house. the diet won't be able to consider these policies until after a new administration is sworn in following the general election. noda's government decided last month to spend nearly $5 billion trying to g
reaffirmed egypt's commitment to the palestinian cause and a need for just resolution. u.s. secretary of state hillary clinton helped negotiate the deal. she promised to work with partners in the region. the israeli military killed about 160 palestinians during the conflict. palestinian militants fired rockets from the gaza strip that killed five israelis. prime minister netanyahu said the right thing is to reach a lasting cease-fire but he warned of a wider military operation if security was threatened. hamas leader mashau warned his forces would resume attacks if israel broke the truce. >>> people in jerusalem are wondering if the cease-fire will hold. cohey sue gee has covered the middle east for years. he was in gaza on the first day of the offensive. kohei, why did the two sides agree to this truce? >> reporter: well, thousands of rockets have been fired since israeli forces withdrew from gaza in 2005. the israelis seemed to have come to the conclusion that they succeed the in reducing the ability of hamas to attack. and i think the influence of the u.s. contributed to bringing a
>>> hello, here in tokyo and you're watching "asia 7 days." thanks for joining us. let's get right to the news. american voters have chosen barack obama as their leader for another four years. asian heads of state were quick to offer their congratulations, but the u.s. faces hurdles to remain an active player in the fast-growing region. in his first term, obama shifted u.s. foreign policy toward the asia pacific, an area notable for its rapid economic expansion. enthusiasm over obama's reelection rippled through the region. students at an elementary school in the indonesian capital jakarta cheered loudly. obama attended the school when he was in the third grade. japanese prime minister yoshihiko noda contacted the president and pledged his cooperation. u.s. and japan have the opportunity to improve ties, especially since relations between japan and china have soured over the senkaku islands conflict in the east china sea. south korean president lee myung-bak said he's sure the u.s. and south korea will continue to develop their alliance. australia is another key ally in the region.
the u.s. he said american official leaders have promised to minimize the global consequences of official tightening. >>> president barack obama and mitt romney are making their final pitches before americans head to the polls. obama visited three swing states. he told a crowd in wisconsin that romney would resurrect the republican policies of four years ago and preserve tax cuts for the wealthy. >> it's a choice between returning to the top down policies that crashed our economy or a future that's built on providing opportunity to everybody and growing a strong middle class. >> romney also campaigned in swing states. he told an audience in florida that obama had failed to deliver on promises to reduce the economic burden on americans. >> tomorrow we begin a new tomorrow. tomorrow we begin a better tomorrow. this nation is going to begin to change for the better tomorrow. >> the latest poll from abc news and the washington post suggests 50% of likely voters will cast their ballots for obama. 47% for romney. polls indicate a close race in eight states. some suggest the candidates are runni
effort. >> it will be the first loan in almost 26 years. they will use it to refurbish a power plant. they plan to invest in the commercial economic zone. japan's government will extend the loans in february of next year. they promise to make the country more attractive to foreign investors. >>> expecters in japan are hoping they will be able to shift more of their products to neighboring countries. exporters need any help they can get. >> not only that they are struggling against trade barriers and they are hoping one may be on the way because japan and south china will start trade talks. trade officials from the nations will meet on the sidelines. the delegates are japan strait minister, china's commerce minister and trade negotiator. the ministers agreed in may during talks in beijing to begin negotiations by year end. it took them a while to deliver on their promise due to disputes between japan and the two neighbors. japanese leaders are aiming to build on the fda talks to improve ties with china and south korea. the ten member association of southeast asian nations including ja
Search Results 0 to 18 of about 19 (some duplicates have been removed)